After a strong
2011, the asset management firm seeks to bring its equity and fixed-income
investment strategies to a wider audience and has recruited sales professionals
in major money centers around the country, according to Jason Ainsworth,
managing director and head of the Advisor Solutions Group.

“We’re expanding the team to better service and support
financial advisers in growing and managing their business,” Ainsworth told
PLANADVISER.

The Advisor
Solutions Group, which offers separately managed accounts (SMA), unified
managed accounts (UMA) and alternative investments to wirehouse, regional and independent
broker/dealers, has grown
to a team of 35 executives, up from 15 in 2008. In the wirehouse
channel, the firm has added seven regions and seven people. The new
regions are Pacific Northwest, northern Los Angeles, and Michigan/Indiana in
the Western division; and Southeast Florida, Puerto Rico, the Carolinas, and upstate New York in the Eastern division.

In the broker/dealer
channel, the firm has added three regions and four people. The regions are the Four
Corners (Arizona, Colorado, Montana, North Dakota, New Mexico, South Dakota,
Utah and Wyoming); the Heartland (Iowa,
Kansas, Minnesota, Missouri and Nebraska); and the Mid-East (Michigan and
Ohio).

Neuberger
Berman has $193 billion in assets under management as of December 31, 2011,
including $27 billion in mutual fund assets.